According to Organic Market Research, Europe Open Radio Access Network Market Share was USD 158.32 million in 2023 and the market is projected to touch USD 7,697.73 million by 2032, at a CAGR of 62.5% during the forecast period. The market is expected to grow significantly over the next decade, fueled by the expansion of 5G networks, government support for vendor diversity, and ongoing innovation in network architecture.
The Europe Open Radio Access Network Market Size is gaining significant traction as telecommunications operators and governments focus on enhancing network flexibility, cost-efficiency, and 5G deployment across the continent. Open RAN is an innovative approach to designing and building telecom networks that disaggregates hardware and software components, allowing for interoperability between different vendors.
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Market Segmentation
By Frequency
- Sub-6GHz
- mm Wave
By Access
- Public
- Private
By Type
- Open RAN RU
- Open VRAN
By Component
- Hardware
- Software
- Services
By Radio Interface
- 2G
- 3G
- 4G LTE
- 5G
Customization Scope
- Available upon request
Pricing
- Available upon request
Related Report
Europe Open Radio Access Network Market Growth
Key Players in the Market
The major players in the market are Ericsson AB, Nokia Corporation, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., ZTE Corporation, Mavenir Systems, Inc., Altiostar Networks, Inc., Cisco Systems, Inc., Fujitsu Limited, and Qualcomm Incorporated.
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